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As featured on NewsNow: Football news

Palace fans set to become the club's landlords

Crystal Palace fans have been given the go ahead plans to buy the Eagles a new training ground, reports the Croydon Guardian. Members of the Crystal Palace Supporters' Trust met after the 3-3 draw with Reading to discuss to idea of purchasing land to build a facility and then renting it to the Eagles.

Co-chairman Steve Parish endorsed the proposals at the meeting and it was unanimously passed by the 200 members that attended and the 200 that sent proxy votes.

The Trust has already held meetings with Bromley, Croydon and Merton councils and has identified Purley Way Playing Fields, Ashburton Playing Fields and the sports ground off Turle Road in Norbury as three possible sites that could host the facility, which is expected to cost £4m.

The Eagles' current training ground in Beckenham is leased to them by a property company after former chairman Simon Jordan sold it in 2004.

The next phase will see the trust embark on a fundraising drive with a loan notes scheme, where fans put money in and receive a return on their investment by means of interest or dividends generated from the rent paid by the club, a possibility.

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Dave Williams

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